(Back On Market Due to previous VA Underwriting) Charming Move-In Ready Duplex in a Prime Detroit Location! Welcome to this beautifully maintained duplex in one of Detroit's desirable neighborhoods. This property offers an excellent opportunity for investor income or homeowners looking to live in one unit and rent the other. Each unit boasts spacious layouts with 2 bedrooms, 1.5 baths and a full basement. The kitchen appliances are included along with nice countertops, and ample cabinet space. New LVP floors flow seamlessly through the living and dining areas, and new carpet covers the bedrooms. Did I mention there's central air?!?! Both units have been meticulously maintained and are move-in ready and a detached two-car garage. Enjoy the benefits of city living with the added bonus of rental income potential. Don't miss this fantastic investment opportunity in Detroit. Schedule your private tour today!
Property Details
Property Features
Property Information:
Architectural Style: Duplex
Year Built: 1956
Stories: 2
Living Area: 1,878 SqFt
Listing Office:
Office Name: M1 Brokerage, LLC
Office Phone: (248) 630-3099
Listing Agent: Theodius Cross
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Garages
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: S of 8 Mile
Price Information
Listing Price Info
Price Summary:
List Price: $165,000
Price Per SqFt: $88/SqFt
Tax Information:
Annual Amount: $1,162
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $80K more than the Median Sold Price and $14/SqFt more than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240051731
Listing Office:
Office Name: M1 Brokerage, LLC
Office Phone: (248) 630-3099
Listing Agent: Theodius Cross
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$891
Per Month
Principal & Interest
$824
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$561
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Old Redford Academy Elementary School
17195 Redford St
Distance between this listing and this school1.42 miles
Public Charter Grades PK-4
1
/10
Beech Elementary School
19990 Beech Daly Rd
Distance between this listing and this school1.89 miles
Public District Grades 2-5
3
/10
Distinctive College Preparatory
17175 Olympia
Distance between this listing and this school2.34 miles
Public Charter Grades KG-5
Nearby Schools
2
/10
Madisoncarver Academy
19900 McIntyre St
Distance between this listing and this school0.21 miles
Public Charter Grades KG-8
1
/10
Detroit Service Learning Academy Campus
21605 W 7 Mile Rd
Distance between this listing and this school0.57 miles
Public Charter Grades PK-8
3
/10
Charles Wright Academy of Arts and Science
19299 Berg Rd
Distance between this listing and this school0.58 miles
Public District Grades PK-8
Nearby Schools
4
/10
Communication and Media Arts High School
19501 Berg Rd
Distance between this listing and this school0.53 miles
Public District Grades 9-12
1
/10
Henry Ford High School
20000 Evergreen Rd
Distance between this listing and this school1.08 miles
Public District Grades 9-12
2
/10
Southfield Regional Academic Campus
21705 Evergreen Rd
Distance between this listing and this school1.37 miles
The neighbors living near this home have an average income of $56,807. Typical income of Detroit, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
This home is located at 19903 Lahser Rd in Detroit, MI and zip code 48219 in the Old Redford neighborhood. This 1,878 square foot home, which was built in 1956, sits on a 0.13 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $165,000.
Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.